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jsspmk replied Mar 23, 20101 language, 1 religion, 1 political & 1 monetary systems will end centuries of wars, yet so simple people will never accept that as the only model of peace.
EURUSD
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jsspmk replied Mar 23, 2010Just had a look at Eur vs Aud monthly chart, what a flight out of Euro.
EURUSD
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jsspmk replied Mar 23, 2010That is true, only if they break through yesterday's high & above 1.36 with conviction, like a wide range 4 hour bar I would abandon my short trade.
EURUSD
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jsspmk replied Mar 23, 2010If it bounces of 1.34 hard then it's a bullish phase of a Wyckoff spring pattern which propells price higher than previous resistance.
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jsspmk replied Mar 23, 2010I am concerned about yesterday's hammer with its low above current reactin low. This could be early sign of Wyckoff showing its face.
EURUSD
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jsspmk replied Mar 22, 2010url The 4th wave correction in the EURUSD is likely complete. The top is close to parallel channel resistance as well as the 38.2% retracement of the decline from 14583 (common end points for 4th waves). The decline from 13822 ha extended below ...
EURUSD
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jsspmk replied Mar 22, 2010"As I have said countless times, we have not requested money," Papandreou told the Greek parliament. " it would be very useful, that the EU have a visible, a powerful weapon, [B]an armed weapon, on the table to prohibit speculation."The guy is ...
EURUSD
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jsspmk replied Mar 22, 2010Let's not forget that lower EUR is also good for tourism in EU, exporting & tourism are big industries, so maybe they agreed to stage this thing in a way to bring EUR lower, we will never know.
EURUSD
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jsspmk replied Mar 22, 2010European exporters are loving current EUR decline. Media keep saying that all this uncertainty about Greece keeps dragging EUR lower, but it isn't bad for Eurozone, so why fuss over it?
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jsspmk replied Mar 22, 2010Absolutely. That's why Berlusconi 'totally backs' EU help for Greece
EURUSD
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jsspmk replied Mar 22, 2010The problem is difference in perception of current trend. I look at it as a down trend, therefore buying on the way down would be an expensive exercise. You look at it as an overall up trend & trying to buy dips. That is OK as long as sound MM is ...
EURUSD
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jsspmk replied Mar 22, 2010That is because the governments keep borrowing. You could be out of a recession, but being in debt up to your eye balls wouldn't make life any better.
EURUSD
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jsspmk replied Mar 22, 2010Their problem is that they share a monetary union, but not a political one. They don't wish to bail out Greece, neither they are keen on IMF getting involved. So how do they sort it out? I am sure it will be sorted out, but if Greece is to be bailed ...
EURUSD
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jsspmk replied Mar 22, 2010Jim Rogers is of an opinion that if Greece is removed from Euro partnership EUR will take off. @Skyzer Apparently Rogers is holding USD long according to a recent interview. Like yourself he doesn't believe USD has a bright future, but nevertheless ...
EURUSD
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jsspmk replied Mar 22, 2010"German and Dutch leaders have concluded in the nick of time that they cannot defy the will of their sovereign parliaments by propping up a country that lied about its deficits, or risk court defeats by breaching the no-bail-out clause in Article ...
EURUSD
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jsspmk replied Mar 21, 2010Merkel today said that Greece's bailout will not be discussed on European summit this week url
EURUSD